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competition and a negative externality. The decision-maker uses an emission standard or an emission tax, whose revenue is recycled …
Persistent link: https://www.econbiz.de/10005582204
In the existence of trade interaction, a sub-global climate change policy can generate externality, which can cause … traded commodities. This externality can have notable impacts on the efficiency and pollution abatement opportunities of the …
Persistent link: https://www.econbiz.de/10011208271
Reciprocity is one of the main basic social relations that constitute societies. It consists of being favourable to others because others are favourable to you (and not from an exchange in the strict sense). It rests on three possible rationales: (1) balance (comparison, matching), often related...
Persistent link: https://www.econbiz.de/10014023677
This chapter reviews the theory of the voluntary public and private redistribution of wealth elaborated by economic analysis in the last forty years or so. The central object of the theory is altruistic gift-giving, construed as benevolent voluntary redistribution of income or wealth. The theory...
Persistent link: https://www.econbiz.de/10014023678
Altruism, giving and pro-social conduct, and reciprocity, are the basis of the existence and performance of societies … (which they sometimes also create); and in charity and specific organizations. Altruism has various origins: it can be … hedonistic or natural altruism in empathy, affection, sympathy, emotional contagion, pity, and compassion; or normative altruism …
Persistent link: https://www.econbiz.de/10014023682
Many legal rules—ranging from common-law contract doctrines to modern consumer protection regulation—are designed to … psychology in legal scholarship and policy. The Article discusses how discerning tastes from circumstances could guide regulation …
Persistent link: https://www.econbiz.de/10011448790
How are eco-label strategies affected by consumer confusion arising from the profusion of eco-labels? This article provides a theoretical insight into this issue using a double differentiation framework. We assume that consumers perceive a label as a sign of quality compared to an unlabeled...
Persistent link: https://www.econbiz.de/10011261591
Many analysts have argued that energy efficiency investments offer an enormous "win-win" opportunity to both reduce negative externalities and save money. This overview paper presents a simple model of investment in energy-using capital stock with two types of market failures: first,...
Persistent link: https://www.econbiz.de/10009421971
optima. First, there is an Internality Dividend from Externality Taxes: aside from reducing externalities, they also offset … taxes, the optimal policy will tend to involve an energy tax below marginal damages coupled with a larger subsidy for energy …
Persistent link: https://www.econbiz.de/10011227933
This report focusses on the determinants of household waste generation, the separation of recyclables and waste prevention behaviours. It presents the econometric results of follow-up analysis of the 2011 OECD Survey on Environmental Policy and Individual Behaviour Change (EPIC). This report...
Persistent link: https://www.econbiz.de/10011402617